Muthu Spinning Mills Private Limited

Textile company specializing in spinning, processing, and weaving various raw materials.

1984 | Karur, Tamil Nadu (India) | Active
Last Updated: December 14, 2024

Muthu Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 40 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 6.25 Cr
  • Revenue Growth -22.68%
  • Profit Growth 68.36%
  • Ebitda 321.49%
  • Net Worth -38.25%
  • Total Assets 65.27%

About Muthu Spinning Mills

Muthu Spinning Mills Private Limited (MSMPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 November 1984 and has a history of 40 years and two months. Its registered office is in Karur, Tamil Nadu, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company has closed loans amounting to ₹6.25 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Samiappan Anand, Veerarakkiam Arvind, Veerarakkian Karuppannan, and One other member serve as directors at the Company.

Company Details

  • Location

    Karur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TN1984PTC011333

  • Company No.

    011333

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Nov 1984

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

Who are the key members and board of directors at Muthu Spinning Mills?

Board Members (4)

Name Designation Appointment Date Status
Samiappan Anand Country flag representing In Director 01-Apr-2024 Current
Veerarakkiam Arvind Country flag representing In Director 01-Apr-2024 Current
Veerarakkian Karuppannan Country flag representing In Director 01-Apr-2024 Current
Arumugem Samiappan Country flag representing In Director 01-Apr-2024 Current

Financial Performance of Muthu Spinning Mills.

Muthu Spinning Mills Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 22.68% decrease. The company also saw a substantial improvement in profitability, with a 68.36% increase in profit. The company's net worth observed a substantial decline by a decrease of 38.25%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-22.68%
Revenue from Operations
-24.07%
Total Assets
65.27%
Profit or Loss
68.36%
Net Worth
-38.25%
EBITDA
321.49%

What is the Ownership and Shareholding Structure of Muthu Spinning Mills?

In 2020, Muthu Spinning Mills had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹6.25 Cr

Charges Breakdown by Lending Institutions

  • The Karur Vysya Bank Ltd : 3.25 Cr
  • Others : 3.00 Cr

Latest Charge Details

Date Lender Amount Status
10 Mar 2004 Others ₹3.00 Cr Satisfied
07 Nov 2000 The Karur Vysya Bank Ltd ₹1.50 Cr Satisfied
15 Jul 2000 The Karur Vysya Bank Ltd ₹1.20 Cr Satisfied
26 Sep 1997 The Karur Vysya Bank Ltd ₹2.50 M Satisfied
22 Mar 1996 The Karur Vysya Bank Ltd ₹0.50 M Satisfied

How Many Employees Work at Muthu Spinning Mills?

Muthu Spinning Mills has a workforce of 36 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Muthu Spinning Mills, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Muthu Spinning Mills's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Muthu Spinning Mills

Recent activity within the organization

  • Annual General Meeting

    Muthu Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Samiappan Anand was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 10 months 9 days .

    01 Apr 2024

  • Director Appointment

    Veerarakkiam Karuppnnan Arvind was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 10 months 9 days .

    01 Apr 2024

  • Director Appointment

    Veerarakkian Arumugam Karuppannan was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 10 months 9 days .

    01 Apr 2024

  • Director Appointment

    Arumugem Samiappan was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 10 months 9 days .

    01 Apr 2024

  • Balance Sheet

    Muthu Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

Frequently asked questions

  • Muthu Spinning Mills Private Limited was incorporated on 20 Nov 1984.

  • The authorized share capital of Muthu Spinning Mills Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 4 directors are associated with Muthu Spinning Mills Private Limited.

    • Samiappan Anand
    • Veerarakkiam Karuppnnan Arvind
    • Veerarakkian Arumugam Karuppannan
    • Arumugem Samiappan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Muthu Spinning Mills Private Limited is 9/939 Cheran Nagar, Chinna Andan Kovil Road India, Karur, Tamil Nadu, 639002.

  • The corporate identification number (CIN) of Muthu Spinning Mills Private Limited is U17111TN1984PTC011333 and the company number is 011333 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Muthu Spinning Mills Private Limited has fallen by -22.68%.

  • As Per 2021 financial reports, 36 employees are currently employed by Muthu Spinning Mills Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Muthu Spinning Mills Private Limited has experienced an downturn of -38.25%.

  • The most recent Balance Sheet for Muthu Spinning Mills Private Limited was filed with the ROC on 31 Mar 2024.

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